KUALA LUMPUR (July 31): Malaysia Airports Holdings Bhd's (MAHB) net profit rose 614% to RM66.93 million in the second quarter ended June 30, 2017 (2QFY17) from RM9.38 million a year earlier as revenue increased on passenger growth. MAHB told Bursa Malaysia today that revenue increased to RM1.1 billion from RM997.6 million. "The passenger traffic for airports operated by MAHB in Malaysia for the current quarter under review increased by 13.8% to 23.9 million passengers as compared to the corresponding quarter last year of 21.0 million passengers. "The passenger traffic for ISGIA for the current quarter under review increased by 4.0% to 7.8 million passengers as compared to the corresponding quarter last year of 7.5 million passengers," MAHB said. For the cumulative six-month period (6MFY17), MAHB said net profit climbed to RM128.94 million from RM26.39 million a year earlier while revenue rose to RM2.19 billion from RM2.02 billion.

Source: The Edge Markets July 31, 2017 06:45 UTC